27 March 2013 06:57 [Source: ICIS news]
SINGAPORE (ICIS)--Korea Kumho Petrochemical Corp (KKPC) will lower the operating rate of its butadiene rubber (BR) plants in Yeosu to below 40% capacity in April because of weak market conditions, a company source said.
The South Korean producer is currently running its BR plants at 60% capacity in March, the source added.
It has two BR plants in Yeosu – one has 120,000 tonnes/year capacity and the other has 220,000 tonnes/year capacity.
The company will extend the shutdown period of its smaller BR unit in April by 10 days, according to the source.
“We will bring forward the shutdown to 1 April instead of the original schedule of 10 April, because of the weak market conditions,” the source said.
“The shutdown will last till 2 May,” the source added.
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